HarveyToronto

Reversed H&S in VRX

Long
NYSE:VRX   None
New management has done an impressive job to turn around Valeant since Jan 2016. Under promised over delivered. Cash flow is strong and US$ index decline helps Valeant to improve its bottom line.

Technically the bottom pattern is almost finished and with a good ER in next month, I expect the rally continues.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.